Unistream Money Transfers Reached USD1,58 bln
OREANDA-NEWS. July 27, 2010. In the first-half of 2010 the number of transfers remitted via UNISTREAM international money transfer system made 2.75 million providing 7% growth as compared with the same period of the preceding year. Having summarized the results of the first-half, the experts of UNISTREAM also state that the transactions volume increased by 2% during January-June thus reaching the level of 1.58 bln USD, reported the press-centre of Unistream.
Commenting on the results of the first half-year the President, CEO of UNISTREAM Souren Hayriyan mentioned that the activity of UNISTREAM included many interesting integrational projects connected with the product line extension. “By the end of June the system was operating with 198.000 service points including the terminal net. Presently the number of UNISTREAM partners amounts to 320 that is perspective for successful promotion in the second half-year”, said S. Hayriyan.
The share of UNISTREAM in Armenia makes about 50% of the money transfers market of Armenia. Remittances via Unisteam system in Armenia are made in all the 33 branches of Unibank. It is significant that beginning from June “Unistream” money transfer system has decreased tariffs to 0.45% on money transfers exceeding 3 000 USD, EUR or 100 000 RUR. Remittances amounting to 3 000 USD, EUR or 100 000 RUR are made at 1%.
If the money transfer from Russia is made in AMD, the transfer tariff regardless the remittance sum makes 0,35%. These tariffs are valid if transfers are made between the own service points of Commercial Bank “Unistream” and Commercial Bank “Uniastrum Bank” in Russia and “Unibank” CJSC in Armenia.
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